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Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
Fashion
BFC maintains charitable giving despite lower funding in latest year

BFC maintains charitable giving despite lower funding in latest year

​The British Fashion Council has released its annual report for 2020/21 in which it shared some of the achievements of what was one of the most challenging years ever.
Fashion
UK clothing, footwear store growth still lags in July - CBI survey

UK clothing, footwear store growth still lags in July - CBI survey

​UK retail sales continued to grow at a rate well above the long-run average in the year to July, but clothing and footwear stores are yet to see demand recover to usual levels, the CBI’s latest survey has showed.
Fashion
Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

​Bally has unveiled the AW21 campaign for its Legacy Continua collection that “pays tribute to 170 years of excellence in design and leather craftsmanship since 1851”.
Fashion
Rolex tops list of most searched for fakes

Rolex tops list of most searched for fakes

​UK consumers are continuing to search for fake luxury brands in large numbers and some have more appeal to label-hungry shoppers than others. In fact, Rolex is the most wanted label for those seeking fakes online.
Luxury
LVMH first-half profits soar on rebound from pandemic

LVMH first-half profits soar on rebound from pandemic

LVMH, the world's leading maker of luxury goods, said Monday that sales and profits had bounced back strongly in the first six months of 2021 as demand soared after the pandemic-induced slump last year.
Luxury
Bally is latest arrival on Regent Street with new concept

Bally is latest arrival on Regent Street with new concept

Bally has gone for big and bold with its new London flagship store. Situated on Regent Street, the latest Bally Haus concept store comes with a high degree of historical and contemporary artistic content.
Luxury
Selfridges is up for sale, offers over £4bn sought

Selfridges is up for sale, offers over £4bn sought

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Luxury
Browns kidswear offer debuts with big names, new entries and exclusives

Browns kidswear offer debuts with big names, new entries and exclusives

The Browns kidswear entry announced back in May has finally touched down, the retailer "catering to the cool kids, with the best in fashion alongside some exclusive capsules from brands entirely new to the category".
Fashion
Alexander McQueen menswear dives into the escapism of William Blake

Alexander McQueen menswear dives into the escapism of William Blake

The English poet and painter served as inspiration for the Kering-owned brand's men's collection for next summer, resulting in a vision of masculinity with shades of Dante, featuring tulle dresses and frilled tailoring. 
Luxury
Burberry opens new concept flagship on Sloane Street, more planned globally

Burberry opens new concept flagship on Sloane Street, more planned globally

​Burberry has officially unveiled its new-concept flagship on Sloane Street in London. It’s the first of its flagships to feature its new global design concept “that encapsulates the essence of the luxury house”.
Luxury
Bally signs Johnny Huang as first Chinese global ambassador

Bally signs Johnny Huang as first Chinese global ambassador

​Bally is underlining the strength of the Chinese consumer with its latest campaign as it has signed up Chinese actor and model Huang Jingyu, also known as Johnny Huang, as the campaign’s star and as brand ambassador.
Luxury
Dior opens temporary Fifth Avenue store

Dior opens temporary Fifth Avenue store

Dior opened the doors to a new temporary boutique on Monday on New York’s iconic Fifth Avenue and the southeast corner of 59th Street.
Luxury
Vetements' new brand to launch in Paris on Thursday

Vetements' new brand to launch in Paris on Thursday

Vetements, the Zurich-based fashion brand founded by Demna Gvasalia and his brother Guram, is finally set to reveal its “secret project” involving the launch of a new brand, in Paris, on Thursday. 
Luxury
Sales at Ferragamo almost double in second quarter

Sales at Ferragamo almost double in second quarter

Sales at luxury goods group Salvatore Ferragamo almost doubled in the second quarter after a pandemic-led slump in the same period of last year, with China, the Americas and Korea driving the rebound.
Luxury
LVMH to buy 60% stake in Off-White, Abloh to expand role in the group

LVMH to buy 60% stake in Off-White, Abloh to expand role in the group

​In a month that's shaping up to be huge as far as luxury deals are concerned, the latest news is that LVMH is boosting its stake in Off-White. Virgil Abloh's streetwear label will now be 60% owned by the French giant. 
Luxury